Climate change reflects abnormal variations to the expected climate within the Earth's atmosphere and subsequent effects on other parts of the Earth. Climate change poses a serious threat to human development and prosperity, with implications for water and food security, coastal infrastructure human health biodiversity migration global trade and security.

The collection of papers and articles presented in this two volume set on Climate Economics attempts to outline in precise manner the economic impact of the Climate Change on various sectors and scientifically examined them. Papers selected in this book are written by scholars of the subject to help the reader in understanding the fundamental issues involved. The work will be of immense interest to all the students, teachers, researchers economists and policy makers, who would like to acquire a clear perspective on climate change and its economic impacts under changing environment.